The Role HRDF Plays in the Malaysian Economy
It would be impossible for a state to be perfectly independent. The economy tends to be a web that has the basic unit as the individual providing labor. For any player to actively play a role in the economy, he or she has to have a mastery of his or her field of specialization. There would be a need to ensure upskilling as well as reskilling as a way of ensuring productivity in the economy in question. It is due to that reason that any country would wish to have an empowered citizen as a way of not only bettering their lives but also as a strategy to boost the economy. One as a citizen would also need to take advantage of such opportunities with the intention of being above the average per capita income. One would need to make sure that he or she actively takes part in betterment of his or her country’s economy even as he or she builds his or her net worth. The Malaysian government has Human Resources Development Fund (HRDF) as one of the organization that can help citizens become better at what they do. One would need to know that Human Resources Development Fund (HRDF) reaches out to individuals especially those in the small and medium enterprises with the intention of equipping them with skills and knowledge to become better in their work.
Through the HRDF, one can become part of moving Malaysia even higher and making it competitive. It would be modest for one to make sure that he or she retrain or upgrade his or her skills to offer quality services to his or her institution and the country by extension. The Human Resources Development Fund (HRDF) comes in to make sure that it is part of assisting the citizens in offering quality labor to various enterprises across the nation. More skills to an individual means chances of better pay something one would need to take advantage of and ensure that he or she grabs the opportunity and upgrade his or her skills. The Human Resources Development Fund (HRDF) for example would help one grow his or her skill and hence become even more productive. As a result, one would be an active participant of the economic web something that is commendable in any country.
One as an employer would also need to make sure that he or she encourage his or her employees to upgrade their skills as a way of ensuring that the institution they work for remain competitive in a fast-paced world. The skilled workforce would also meet the company aspirations which is a plus to the employer. One as an employer or an employee would need to play his or her part in ensuring that the institution he or she works with has the required skills to take the industry in question to higher economic heights.